The FSA's stance on past performance remains unchanged, despite a review it commissioned into persis...
The FSA's stance on past performance remains unchanged, despite a review it commissioned into persistency of returns finding such data could be useful to consumers in certain instances. There are still no plans to include past performance data in the FSA's comparative tables and as yet no further research into past performance has been commissioned by the regulator although a consultation paper is set to be issued in May. The FSA commissioned report, 'Performance Persistence in Mutual Funds' was an independent review of the IMA-prompted Charles River Associates research, completed in Oc...
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